Understanding Your Mold Coverage
Understanding Your Mold Protection
You purchase insurance for your home to protect it and save yourself the cost of repairing damages. Mold issues can lower property value and even make a home almost impossible to sell. Most homeowner’s policies, however, do not cover the services of mold remediation specialists. Even if your policy does offer some type of mold coverage, there is usually a pretty low cap to the amount of your potential payout. Since fungus growth can often be prevented, its presence tends to be seen as more the fault of the homeowner than as a circumstance beyond one’s control.
Even if you have mold insurance or a policy that includes mold remediation, you need to be able to prove that you have done everything to prevent the problem from occurring. You can protect your home from mold simply by following some key prevention tips:
- Check indoor water sources for leaks frequently.
- Fix problems you find immediately.
- Lower the humidity of your home.
- Watch for condensation or standing water.
- Ventilate bathrooms, laundry rooms and attics appropriately.
Guarding against excess water can inhibit fungus growth and thereby decrease the need for an insurance policy that covers it. Prevention is the best way to protect your home from damage caused by mold.
An extensive mold problem can appear quickly, but there are usually extenuating circumstances that lead up to it, making it difficult to get insurance to cover the cost of remediation. Any problem that could have been foreseen or halted at its early stages is less likely to warrant an adjuster’s approval. If you believe that your mold issue is an exception, it is a good idea to enlist mold remediation technicians to back up your reasoning when the adjuster arrives.
No one likes to see fungus growth in their homes, nor does one like the bad news that it probably won’t be something their insurance covers. With proper prevention techniques or the expert opinion of a certified technician, you may be able to avoid the high out-of-pocket cost of mold remediation.
If you have questions related to mold or mold remediation, call the experts at SERVPRO of Monroeville/Evergreen/Brewton at 251-809-1260.